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But Penrith general manager and Channel Nine commentator Phil Gould says the Bulldogs may find themselves in a precarious position if they can't get under the salary cap by the start of the 2018 season.

Speaking on his vodcast, Six tackles with Gus, Gould believes Canterbury might be forced to drop their big name signings of Woods and Kieran Foran but not because those two players were the last two signed by the Bulldogs.

"It's never been cast in stone that it was a last in first out policy if in fact you were over the cap.

The difference here could be that because they're over the cap at the moment, they may not have registered the Kieran Foran or Aaron Woods contract until such time the Bulldogs are seen to be under the salary cap," said Gould.

Even if the Bulldogs end up keeping their prized new signings, they'll have to shed current players on their roster which would come at a cost to the club according to Gould.

"When the final cap figure comes down they'll have to release players and they're probably going to have to tip in money to get rid of them.

The clubs that are looking to release players to get back under the salary cap are not going to be able to release them at their full value, they're going to have to contribute to that which means these other clubs are going to pick up cheap buys."

Gould believes trying to keep Woods and Foran could have a dramatic impact on Canterbury and could see a host of players leave Belmore.

" So to get Aaron Woods and Kieran Foran under the cap and then contribute to the players that may have to leave to negotiate their way out, the Bulldogs may have to lose several players."